Early Payment. As to any Asset and any Due Date on which the principal and interest payments on such Asset made with respect to such Due Date (not including any late fees) exceed the sum of the scheduled Monthly Payment for such Asset and Due Date plus any unpaid Monthly Payments for previous Due Dates, if the related Obligor has not sent written notice to the Servicer with such payment asking that the amount by which such payment exceeds the Monthly Payment then due be treated as a Principal Prepayment and the Servicer is unable to determine the Obligor's intended treatment of such excess payment, the Early Payment shall be the amount by which (1) payments of principal and interest on such Asset made with respect to such Due Date exceed (2) the scheduled Monthly Payment for such Asset on such Due Date plus any unpaid Monthly Payments for previous Due Dates, but only to the extent that the amount of such excess is an integral multiple of the amount of the scheduled Monthly Payment for such Due Date. To the extent that the amount of such excess exceeds an integral multiple of such scheduled Monthly Payment, the excess shall be deemed to be a Principal Prepayment of such Asset.
Early Payment means the early payment of estimated future water, wastewater and roads development charges under the Phase 1 and Phase 2 Agreements;
Examples of Early Payment in a sentence
In this case, the Application for Early Payment of Interest must be signed by authorized persons of the Client and sealed with the Client's seal (if available); • or in electronic form by sending via the means of the Client-Bank System.
The application for early payment of interest accrued on the Balance of Funds on the Current Account (hereinafter - "Application for Early Payment of Interest") is made in any form and submitted to the Bank during the Operating Time: • or in paper form.
In this case, the Application for Early Payment of Interest must be sealed by the Advanced ES or the Client's Qualified ES.
More Definitions of Early Payment
Early Payment means a twenty five percent (25%) discount for Early Payment in accordance with Section 5(5)(a) of this By-law that is payable for contraventions of the designated provisions listed in Column A3 and set forth in Schedule “A”;
Early Payment. I may prepay my obligation in full at any time prior to the original or any extended maturity and will be charged only for earned Finance Charges.
Early Payment is defined in Section 3.2.
Early Payment. As to any Asset and any Due Date on which the principal and interest payments on such Asset made with respect to such Due Date (not including any late fees) exceed the sum of the scheduled Monthly Payment for such Asset and Due Date plus any unpaid Monthly Payments for previous Due Dates, if the related Obligor has not sent written notice to the Servicer with such payment asking that the amount by which such payment exceeds the Monthly Payment then due be treated as a Principal Prepayment and the Servicer is unable to determine the Obligor's intended treatment of such excess payment, the Early Payment shall be the amount by which (1) payments of principal and interest on such Asset made with respect to such Due Date exceed (2) the scheduled Monthly Payment for such Asset on such Due Date plus any unpaid Monthly Payments for previous Due Dates.
Early Payment. 1 Business Day preceding each Floating Rate Payer Period End Date Floating Rate Option: USD-LIBOR-BBA Designated Maturity: 1 month Spread: Inapplicable Floating Rate Day Count Fraction: Actual/360 Reset Dates: The first day of each Calculation Period Business Days: New York Miscellaneous: Risk ID: 1378029L/Effort ID: 1160472/Global Deal ID: 2788180
Early Payment. A discount of 2% is applicable where annual tuition fees are paid in full on or before 30 November (excluding payments made by credit card). Payment is limited to one year of tuition fees in advance.
Early Payment. A payment made on account of the purchase price of a Debt prior to the Payment Account Credit Date.